India’s mercantilist policies hinder free trade and violate numerous provisions of the WTO charter. If these actions continue the U.S. must investigate measures that send a clear message that these actions will not be tolerated.
Biden’s Visit an Opportunity to Put U.S.-India Economic Relations Back on Track
U.S. Vice President Joe Biden’s trip to India this week marks the highest-ranking U.S. official to visit India in four years. It couldn’t have come at a better time. In recent years, U.S.-India economic relations have been significantly strained by a range of policies that India’s government has implemented that favor domestic producers at the expense of foreign competitors.
GAO Report on Economic Impact from IP Theft Underwhelms
Aggressive foreign IP theft harms firms and workers in the United States and the overall U.S. economy. It is high-time that the federal government makes it readily apparent that IP theft will be punished systematically and significantly.